The Track of History: Finance and National Governance in Ancient China

Jierui Jia; Junyang Li; Ke Gao

doi:doi:10.11648/j.ijecs.20190401.12

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The Track of History: Finance and National Governance in Ancient China

Jierui Jia, Junyang Li, Ke Gao

Published in International Journal of Education, Culture and Society (Volume 4, Issue 1)

Received: 11 February 2019 Accepted: Published: 28 April 2019

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Abstract

Finance was an old category. Finance emerged as a result of the emergence of the human community and public needs. Ancient Chinese finance included the thought of loving the people, and also had a complete system of budget, tax, social security, financial management and supervision. These systems were conducive to the allocation of resources, the development of public economy, the circulation of commodities and the fight against usury. Finance is a comprehensive category across political, economic, legal, social, cultural and military fields, and an important tool for national governance. In many historical periods, fiscal reform was the forerunner of social reform. But ancient Chinese finance developed in a highly centralized environment. The supremacy of the imperial power led to the obvious characteristic of “the rule by man”. The corruption of the feudalistic bureaucratic system led to the implementation deviation of fiscal policy. The totalitarian system led to the imbalance between intergovernmental relations. Contemporary China should establish a modern fiscal and taxation system that is in line with the requirements of the market economy, handle the relations between the central government and local governments properly, and encourage citizens to participate extensively in the reform of the country.

Published in	International Journal of Education, Culture and Society (Volume 4, Issue 1)
DOI	10.11648/j.ijecs.20190401.12
Page(s)	13-18
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Ancient finance, National Governance, Macro Control, Fiscal Reform

References

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APA Style

Jierui Jia, Junyang Li, Ke Gao. (2019). The Track of History: Finance and National Governance in Ancient China. International Journal of Education, Culture and Society, 4(1), 13-18. https://doi.org/10.11648/j.ijecs.20190401.12

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ACS Style

Jierui Jia; Junyang Li; Ke Gao. The Track of History: Finance and National Governance in Ancient China. Int. J. Educ. Cult. Soc. 2019, 4(1), 13-18. doi: 10.11648/j.ijecs.20190401.12

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AMA Style

Jierui Jia, Junyang Li, Ke Gao. The Track of History: Finance and National Governance in Ancient China. Int J Educ Cult Soc. 2019;4(1):13-18. doi: 10.11648/j.ijecs.20190401.12

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@article{10.11648/j.ijecs.20190401.12,
  author = {Jierui Jia and Junyang Li and Ke Gao},
  title = {The Track of History: Finance and National Governance in Ancient China},
  journal = {International Journal of Education, Culture and Society},
  volume = {4},
  number = {1},
  pages = {13-18},
  doi = {10.11648/j.ijecs.20190401.12},
  url = {https://doi.org/10.11648/j.ijecs.20190401.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijecs.20190401.12},
  abstract = {Finance was an old category. Finance emerged as a result of the emergence of the human community and public needs. Ancient Chinese finance included the thought of loving the people, and also had a complete system of budget, tax, social security, financial management and supervision. These systems were conducive to the allocation of resources, the development of public economy, the circulation of commodities and the fight against usury. Finance is a comprehensive category across political, economic, legal, social, cultural and military fields, and an important tool for national governance. In many historical periods, fiscal reform was the forerunner of social reform. But ancient Chinese finance developed in a highly centralized environment. The supremacy of the imperial power led to the obvious characteristic of “the rule by man”. The corruption of the feudalistic bureaucratic system led to the implementation deviation of fiscal policy. The totalitarian system led to the imbalance between intergovernmental relations. Contemporary China should establish a modern fiscal and taxation system that is in line with the requirements of the market economy, handle the relations between the central government and local governments properly, and encourage citizens to participate extensively in the reform of the country.},
 year = {2019}
}

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TY  - JOUR
T1  - The Track of History: Finance and National Governance in Ancient China
AU  - Jierui Jia
AU  - Junyang Li
AU  - Ke Gao
Y1  - 2019/04/28
PY  - 2019
N1  - https://doi.org/10.11648/j.ijecs.20190401.12
DO  - 10.11648/j.ijecs.20190401.12
T2  - International Journal of Education, Culture and Society
JF  - International Journal of Education, Culture and Society
JO  - International Journal of Education, Culture and Society
SP  - 13
EP  - 18
PB  - Science Publishing Group
SN  - 2575-3363
UR  - https://doi.org/10.11648/j.ijecs.20190401.12
AB  - Finance was an old category. Finance emerged as a result of the emergence of the human community and public needs. Ancient Chinese finance included the thought of loving the people, and also had a complete system of budget, tax, social security, financial management and supervision. These systems were conducive to the allocation of resources, the development of public economy, the circulation of commodities and the fight against usury. Finance is a comprehensive category across political, economic, legal, social, cultural and military fields, and an important tool for national governance. In many historical periods, fiscal reform was the forerunner of social reform. But ancient Chinese finance developed in a highly centralized environment. The supremacy of the imperial power led to the obvious characteristic of “the rule by man”. The corruption of the feudalistic bureaucratic system led to the implementation deviation of fiscal policy. The totalitarian system led to the imbalance between intergovernmental relations. Contemporary China should establish a modern fiscal and taxation system that is in line with the requirements of the market economy, handle the relations between the central government and local governments properly, and encourage citizens to participate extensively in the reform of the country.
VL  - 4
IS  - 1
ER  -

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Author Information

Jierui Jia

School of Public Finance and Tax, Central University of Finance and Economics, Beijing, P. R. China; School of Public Finance and Tax, Henan University of Economics and Law, Zhengzhou, P. R. China
Junyang Li

International Ecological Economy Promotion Association, Beijing, P. R. China
Ke Gao

International Ecological Economy Promotion Association, Beijing, P. R. China; School of Business and Administration, Xinjiang University of Finance and Economics, Wulumuqi, P. R. China

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Plain Text BibTeX RIS

APA Style

Jierui Jia, Junyang Li, Ke Gao. (2019). The Track of History: Finance and National Governance in Ancient China. International Journal of Education, Culture and Society, 4(1), 13-18. https://doi.org/10.11648/j.ijecs.20190401.12

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ACS Style

Jierui Jia; Junyang Li; Ke Gao. The Track of History: Finance and National Governance in Ancient China. Int. J. Educ. Cult. Soc. 2019, 4(1), 13-18. doi: 10.11648/j.ijecs.20190401.12

Copy | Download

AMA Style

Jierui Jia, Junyang Li, Ke Gao. The Track of History: Finance and National Governance in Ancient China. Int J Educ Cult Soc. 2019;4(1):13-18. doi: 10.11648/j.ijecs.20190401.12

Copy | Download

@article{10.11648/j.ijecs.20190401.12,
  author = {Jierui Jia and Junyang Li and Ke Gao},
  title = {The Track of History: Finance and National Governance in Ancient China},
  journal = {International Journal of Education, Culture and Society},
  volume = {4},
  number = {1},
  pages = {13-18},
  doi = {10.11648/j.ijecs.20190401.12},
  url = {https://doi.org/10.11648/j.ijecs.20190401.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijecs.20190401.12},
  abstract = {Finance was an old category. Finance emerged as a result of the emergence of the human community and public needs. Ancient Chinese finance included the thought of loving the people, and also had a complete system of budget, tax, social security, financial management and supervision. These systems were conducive to the allocation of resources, the development of public economy, the circulation of commodities and the fight against usury. Finance is a comprehensive category across political, economic, legal, social, cultural and military fields, and an important tool for national governance. In many historical periods, fiscal reform was the forerunner of social reform. But ancient Chinese finance developed in a highly centralized environment. The supremacy of the imperial power led to the obvious characteristic of “the rule by man”. The corruption of the feudalistic bureaucratic system led to the implementation deviation of fiscal policy. The totalitarian system led to the imbalance between intergovernmental relations. Contemporary China should establish a modern fiscal and taxation system that is in line with the requirements of the market economy, handle the relations between the central government and local governments properly, and encourage citizens to participate extensively in the reform of the country.},
 year = {2019}
}

Copy | Download

TY  - JOUR
T1  - The Track of History: Finance and National Governance in Ancient China
AU  - Jierui Jia
AU  - Junyang Li
AU  - Ke Gao
Y1  - 2019/04/28
PY  - 2019
N1  - https://doi.org/10.11648/j.ijecs.20190401.12
DO  - 10.11648/j.ijecs.20190401.12
T2  - International Journal of Education, Culture and Society
JF  - International Journal of Education, Culture and Society
JO  - International Journal of Education, Culture and Society
SP  - 13
EP  - 18
PB  - Science Publishing Group
SN  - 2575-3363
UR  - https://doi.org/10.11648/j.ijecs.20190401.12
AB  - Finance was an old category. Finance emerged as a result of the emergence of the human community and public needs. Ancient Chinese finance included the thought of loving the people, and also had a complete system of budget, tax, social security, financial management and supervision. These systems were conducive to the allocation of resources, the development of public economy, the circulation of commodities and the fight against usury. Finance is a comprehensive category across political, economic, legal, social, cultural and military fields, and an important tool for national governance. In many historical periods, fiscal reform was the forerunner of social reform. But ancient Chinese finance developed in a highly centralized environment. The supremacy of the imperial power led to the obvious characteristic of “the rule by man”. The corruption of the feudalistic bureaucratic system led to the implementation deviation of fiscal policy. The totalitarian system led to the imbalance between intergovernmental relations. Contemporary China should establish a modern fiscal and taxation system that is in line with the requirements of the market economy, handle the relations between the central government and local governments properly, and encourage citizens to participate extensively in the reform of the country.
VL  - 4
IS  - 1
ER  -

Copy | Download